Bata India
Yesterday talked about it on Facebook to Short with a Sl of 839. Bata did trigger our SL and rallied with market making a high of 868.In the process Bata has formed bearish divergence in most of indicator.Price should break below 845 for these divergence to show effect.
Sell below 852 Tgt 845,835 and 825
Buy above 870 Tgt 878,887 and 900
Bharat Forge
Trendline Converge after a phase of consolidation breakout or Breakdown coming?
Buy above 331 Tgt 333,336 and 341
Sell below 324 Tgt 318,313 and 306